for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Akbank T.A.S.

AKBNK.IS

Latest Trade

5.30TRY

Change

0.04(+0.76%)

Volume

39,676,073

Today's Range

5.20

 - 

5.31

52 Week Range

4.53

 - 

7.63

As of on the Istanbul Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
5.26
Open
5.23
Volume
39,676,073
3M AVG Volume
1,644.02
Today's High
5.31
Today's Low
5.20
52 Week High
7.63
52 Week Low
4.53
Shares Out (MIL)
5,200.00
Market Cap (MIL)
27,352.00
Forward P/E
3.56
Dividend (Yield %)
2.29

Next Event

Akbank TAS at Wood EME NYC Conference

Latest Developments

More

Akbank Says Issue Size of Sustainable Subordinated Notes Has Been Determined As USD 500 Mln With %6.80 Coupon Rate

Akbank Q1 Net Profit Rises To 2.03 Billion Lira

Akbank Decides To Pay Cash Dividend At Net 0.10 Lira Per Share For 2020

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Akbank T.A.S.

Akbank TAS is a Turkey-based commercial bank. It operates under the following segments: Consumer Banking; Commercial Banking, Small and Medium Enterprises (SME) Banking, Corporate-Investment and Private Banking, and Treasury. Consumer Banking offers retail services such as deposit accounts, consumer loans and asset management services, among others. Corporate Banking, Commercial Banking and SME Banking provide solutions and services to large, medium and small size corporate and commercial customers, such as Term Loan (TL) and foreign currency (FC) denominated working capital loans financing for investments, foreign trade financing and cash management services, among others. Project finance loans are provided within the context of Investment Banking activities. In the scope of Private Banking, the Bank serves the members of the high-income customers. The Treasury segment conducts TL and FC spot and forward transactions, treasury bonds and private sector bond transactions, among others.

Industry

Regional Banks

Contact Info

Sabanci Center 4.Levent

34330

Turkey

+90.212.3855555

http://www.akbank.com

Executive Leadership

Suzan Sabanci Dincer

Executive Chairman of the Board of Directors

Sabri Hakan Binbasgil

Chief Executive Officer, Executive Member of the Board of Directors

Eyuep Engin

Executive Vice Chairman of the Board of Director

Tuerker Tunali

Executive Vice President - CFO, Responsible for Investor Relations

Cetin Duz

CEO of Aklease

Key Stats

1.93 mean rating - 15 analysts
Sell
Hold
Buy
Revenue (MM, TRY)

2018

17.4K

2019

21.6K

2020

24.6K

2021(E)

24.6K
EPS (TRY)

2018

1.427

2019

1.070

2020

1.204

2021(E)

1.479
Price To Earnings (TTM)
3.92
Price To Sales (TTM)
0.63
Price To Book (MRQ)
0.43
Price To Cash Flow (TTM)
3.55
Total Debt To Equity (MRQ)
113.45
LT Debt To Equity (MRQ)
111.91
Return on Investment (TTM)
--
Return on Equity (TTM)
1.49

Latest News

Latest News

Ten Turkish banks to offer cheaper loans to small businesses

Ten private and public Turkish banks will offer loans at an interest rate of 17.5%, lower than the average market rates, to businesses with an annual turnover of less than 10 million lira ($1.18 million), the Turkish treasury said on Wednesday.

Exclusive: Turkey's banks shy away from Erdogan's 'crazy' canal - sources

Some of Turkey's biggest banks are reluctant to finance President Tayyip Erdogan's planned Istanbul canal due to environmental concerns and the investment risks hanging over the massive construction project, four senior bankers told Reuters.

Turkey stocks in historic drop after Erdogan fires cenbank chief

Turkey's stock market has logged its worst two days since the global financial crisis of 2008 this week, with bank shares plunging and stop-loss halts activated after President Tayyip Erdogan shocked investors by sacking the central bank governor.

UPDATE 2-Two Turkish banks fined for insurance violations, shares slide

Turkey's Treasury Ministry fined Yapi Kredi 187.1 million lira ($31.6 million) for violating an insurance law, the private bank said on Monday, days after Akbank announced it received a similar penalty.

Turkey's Halkbank dismisses U.S. charges, Erdogan calls them 'ugly'

Turkey's Halkbank said on Wednesday that U.S. charges against it amount to an escalation of Washington's sanctions on Ankara over its military incursion in Syria, while President Tayyip Erdogan called them an "unlawful, ugly" step.

Shares of Turkey's Halkbank plunge after U.S. charges

Shares of Turkey's Halkbank plunged as much 7% on Wednesday, despite a ban on short selling, after U.S. prosecutors charged the state-owned lender with taking part in a multibillion-dollar scheme to evade U.S. sanctions on Iran.

Borsa Istanbul imposes short selling ban in top bank shares

Borsa Istanbul said it was temporarily prohibiting short selling in banking shares within the top BIST30 Index, effective from Wednesday, within the scope of a decision taken by its chief executive.

Turkish banks tap Morgan Stanley for Turk Telekom stake sale

Three Turkish banks said on Thursday they had mandated Morgan Stanley <MSMSI.UL> as financial adviser for the sale of a special purpose vehicle (SPV) that holds a 55% stake in Turk Telekom <TTKOM.IS>, sending the company's shares up.

Turkey to extend new $4.3 billion loan package to companies

Twelve Turkish banks will offer companies a total of 25 billion lira ($4.31 billion) as part of a Treasury-backed loan package, the banking association (TBB) said on Wednesday, in what would be Ankara's latest effort to boost the economy.

CORRECTED-BRIEF-Change Of Shareholding Structure In Akbank And Anadolu Efes - KAP (June 3)

* SHAREHOLDER MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY'S SHARES IN AKBANK DECREASE TO 0%(ZERO) FROM 5.2%

Cherry-picking through Turkey's gloom: The funds staying put while others flee

While Turkey's economy flounders, some foreign funds are buying into everything from fizzy drinks firms to automakers to banks as they winnow out likely survivors in the country's beaten down corporate bond and equity markets.

CORRECTED-Cherry-picking through Turkey's gloom: The funds staying put while others flee

While Turkey's economy flounders, some foreign funds are buying into everything from fizzy drinks firms to automakers to banks as they winnow out likely survivors in the country's beaten down corporate bond and equity markets.

Turkey's Arkas Holding says secured $800 mln refinancing loan from 18 banks

Turkey's Arkas Holding said on Wednesday it had secured an $800 million refinancing loan from a total of 18 banks lead by Yapi Kredi.

Exclusive: Turkey presses banks to agree high-stakes bailout of bad energy loans

Turkey's plan to clean up some $13 billion in bad energy loans, one of the worst hangovers from last year's currency crisis, is taking shape even as some banks hold out for the government to agree to safeguards and higher electricity prices.

UPDATE 1-Turkish banks in no rush to sell problem loans, focused on restructurings -sources

Turkish banks told foreign investors they were in no rush to sell problem loans on their books, and were focused on restructuring them, three people present at a meeting discussing bad debt on Thursday in Istanbul told Reuters.

UPDATE 2-Turkey to offer SMEs a second 25 billion-lira loan package

Turkey will offer small- and medium-size enterprises a second loan package totalling 25 billion lira ($4.67 billion), the finance minister said on Friday, as the government tries to boost flagging economic activity.

Turkey's Akbank plan $600 mln refinancing for maturing syndicated loans

Turkey's Akbank said on Friday it has planned some $600 million equivalent refinancing for its maturing syndicated loans, owing to the bank’s strong forex liquidity and expectation for flat forex loan growth in 2019.

MIDEAST - Factors to watch - December 23

Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.

UPDATE 2-OTAS shares in Turk Telekom transferred to SPV -three banks

Turk Telekom shares previously held by Ojer Telekom (OTAS) have been moved to a special purpose vehicle, three Turkish banks said on Saturday, setting the company up for new owners after the majority shareholder missed several payments.

OTAS shares in Turk Telekom transferred to SPV -three banks

Turk Telekom shares previously held by Ojer Telekom (OTAS) have been transferred to a special purpose vehicle, three Turkish banks said in a statement on Saturday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up